Articles

For Sellers

What Is A Gut Renovation?

Compared to partial or cosmetic renovations, a gut renovation project can be costly, challenging, and time-consuming, but it allows you to recreate your home interior almost from scratch.

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What Is An Estate Sale?

Estate sale refers to the real estate that is being sold by the heirs or a trust (or the state) after the passing of the owner of the property.

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How Much Are Closing Costs?

Closing costs can range between 2-4% of the property price for buyers and 8-10% for sellers because they have to pay the brokers’ commission.

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What Is A Capital Gains Tax?

When selling a property (an asset) for a profit, you will have to pay capital gains tax, the amount of which is determined by several factors.

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Air Rights – What Are They?

Air Rights or development rights refer to the building/selling rights a lot owner in NYC has for the maximum buildable area they haven’t utilized yet.

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What Is ACRIS?

ACRIS allows buyers, property owners, brokers, and attorneys to look at and gain insights from property documents like deeds and mortgage records.

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What Is An HVAC?

An HVAC system is responsible for circulating hot and cold air inside a building and maintaining the indoor temperature at comfortable levels.

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